How accurate are guru forecasts? Spoiler, not very.
Michael Batnick
These Are the Goods
The best stuff from last week
So Many Losers
We know why cap-weighted indexes work, but there is another way to look at the data used to support this idea.
Animal Spirits: CEO Departures
On this week’s show we discuss company performance after a CEO leaves, never-ending finance arguments, what would happen if we banned buybacks, Elizabeth Warren’s plans to break-up big corporations, Tesla as a sentiment barometer, why China matters more to Hollywood than the US, the glut of realtors and much more.
Stock-Picking Struggles
Why are stock pickers having such a hard time? The answer is very simple.
The Most Bullish Signal in the World
Stocks are at all-time highs and big money is as unexcited about their prospects as they’ve been in 20 years.
Animal Spirits Talk Your Book: Crossing Wall Street
On today’s Animal Spirits we talk with the great Eddy Elfenbein about his career, his ETF, and how he views the investment universe.
These Are the Goods
Articles A lot of things do not revert to the mean. By Morgan Housel How can more money cause problems By Blair duQuesnay If you are an aspiring influencer your number one goal should be to look for a different career. By Ramp Capital The hardest part about owning a concentrated portfolio isn’t financial risk…
12 Charts You Ought to See Before the Next Recession
Everything you need to know about recessions.
Where’s the Buyback Beef?
Some killer charts and data from Ed Yardeni on share repurchases.
